An annuity is a financial product that pays a fixed amount of money every year throughout the life of the annuitant. Most annuities are deferred, meaning the payout doesn’t occur until a later date. However, you can receive immediate payouts…
Throughout this world, there are constant reports of bad news, causing us stress. It is also common for us to experience stress due to illnesses and injuries. Chronic pain can be especially stressful. So finding ways to release and cope…
Government agencies that supervise long-term care facilities are underfunded, according to sources. They lack the resources to do proper inspections of residential health facilities. You may have seen the rating system provided by the Centers For Medicare and Medicaid Services…
A living will, also known as an advance health care directive, is a legal document that specifies what actions you would like medical professionals to take if you became incapable of making decisions. A living will is crucial for all…
The baby boomer generation will require more care as they enter their golden years. Some may be able to get the care they need at home from a family member or in the form of hired help. Many will need…
Medicaid and inheritances can be tricky affairs, and mistakes can cost a lot of money. When a person is drawing Medicaid benefits and inherits money or property, that inheritance jeopardizes the benefits. The inheritance must be handled carefully to minimize…
Be Aware Government oversight of long-term care facilities is deeply problematic, according to a recent New York Times report. Inspection of rehabilitation facilities is inadequate, and we, the public, had best not rely on reporting inspection results. If your loved…
There are currently more than 51 million Americans that are 65 or older, and this number is continually growing due to medical and technological developments. The expanding needs of the US aging population are contributing to an increase in federal…
As the baby boomer generation ages, and the influx of international migration continues, the number of senior citizens in the United States is steadily growing. Although the US average life expectancy has seen a slight three-year decline, many Americans, men…